Drill Baby Drill???

Here is a post I made to an ENERGY discussion group of which I am a member--

I have been wondering about the sale of mineral assets to foreign sovereign companies.  Here is the story I have made up--

                Step 1--large foreign companies are willing to pay "too much" for assets in the ground because their currency is stronger and they have a much longer time horizon.  Ultimately

they can also direct where those assets will be deployed.  Sellers are desperate for cash due to current low nat gas prices and love the BIG dollars that are saving their bacon now. 

The best assets these companies are willing to let go of go here or to other large "informed"  investors.

Is Washington Smarter Than a Third Grader?

Recently Diane Swonk a well known economist was asked what she thought about mortgage companies getting clarification on rules for making home loans.  She said something like--"Now that these companies have clear rules for making loans there should be more of them made and that will be good for the economy." 

Points that came up for me:

College Draft Picks (No Not Football)

When it comes to paying for college here are a few things we have found--
1)  Our IT consultant got a 4 year degree in 3 years and under $10,000.  Anyone can afford a degree if they want one and are motivated
2)  Most parents primary education goal is for their children to be able to provide for themselves and become independent.  Secondarily is that they will LOVE what they do.
3)  In Oklahoma the BEST freshman graduation rate is 39% from OSU.
4)  National studies indicate only 25% of people who

Read This If You Want To Feel Better

Yesterday I received a notice from a client regarding the premium increase on their group Health Insurance they said they have had for over 20 years. This 63 year old business owner and his wife's premium for their private group plan with a major insurance carrier is--you ready to feel better yet?--

Ordinary People

Yesterday morning at 10:00 am Noah and I went to see THE HOBBIT in 3D.  There were a couple of things I noticed about the experience--we had the theatre to ourselves and even with the child rate it cost $18 for two people. 

The point of this blog post however, is to quote a line from the movie spoken by Gandalf the wize wizard.  First you need to practice saying "ordinary" like the British might.  Rather than 4 syllables use 3 and say it like "ordnery".  Now picture the tall gray bearded wizard with the pointy wizard hat saying--
"It takes ordinary people doing ordinary things to hold back the darkness."